Public Storage (LTS:0KS3) Other Operating Expense : $1,017 Mil (TTM As of Mar. 2024)

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What is Public Storage Other Operating Expense?

Public Storage's Other Operating Expense for the three months ended in Mar. 2024 was $285 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was $1,017 Mil.

Public Storage's quarterly Other Operating Expense increased from Sep. 2023 ($242 Mil) to Dec. 2023 ($265 Mil) and increased from Dec. 2023 ($265 Mil) to Mar. 2024 ($285 Mil).

Public Storage's annual Other Operating Expense increased from Dec. 2021 ($705 Mil) to Dec. 2022 ($871 Mil) and increased from Dec. 2022 ($871 Mil) to Dec. 2023 ($970 Mil).

Public Storage Other Operating Expense Historical Data

The historical data trend for Public Storage's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Public Storage Other Operating Expense Chart

Public Storage Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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506.07

561.57

705.03

870.61

970.06

Public Storage Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															216.49	225.19	241.65	265.44	285.20

Public Storage Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,017 Mil.

Public Storage Other Operating Expense Related Terms

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Public Storage (LTS:0KS3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Public Storage (LTS:0KS3) » Definitions » Other Operating Expense

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Address

701 Western Avenue, Glendale, CA, USA, 91201-2349

Website

https://www.publicstorage.com

Public Storage is the largest owner of self-storage facilities in the U.S. with more than 2,880 self-storage facilities in 40 states and approximately 200 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.

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